Six sectors push KSE to red zone at Monday’s close

Kuwait – Mubasher: The indices of Kuwait Stock Exchange (KSE) ended Monday’s session in the red zone; the price index lost 0.12% or 6.27 points to close at 5,404.70 points, affected by the fall of six sectors.

 Both the weighted and Kuwait-15 indices retreated 0.18% and 0.17% respectively.

Liquidity shrank 10.3% to KWD 4.95 million, while trading volume decreased 12.2% to 48.03 million shares.

The oil and gas sector led the decliners by 2.34%, dragged by Marine which lost 5.4% that ranked the second.

Meanwhile, the consumer goods sector topped four gainers by 1.75% on the back of Danah which rose 8.8%.

Kuwait Cable Vision was the top winner by a growth of 12.2% to 23 fils, as nearly 88,740 shares were traded at a value of nearly KWD 2,040.

Equipment was the most active stock on which 3.27 million shares were traded through 116 transactions, with a value of about KWD 148,670. The stock fell to 45 fils.

KFH recorded the highest liquidity that reached KWD 1.32 million, as 2.88 million shares were exchanged. The stock closed at 460 fils.

 

 

Mubasher Contribution Time: 29-Aug-2016 11:08 (GMT)
Mubasher Last Update Time: 29-Aug-2016 11:08 (GMT)